www.magnifictraining.com -SAP FM(FUNDS <br /> <br />MANAGEMENT) ONLINE TRAINING contact us: <br /> <br />+919052666559 or info@magnifictraining.com By Real Time <br /> <br />Experts from Hyderabad, <br /> <br />Bangalore,India,USA,Canada,UK,Australia,South Africa. <br /> <br />Sap (FI) Funds Management online training :- <br /> <br />Definition:- <br />Funds balance provided for a specific purpose by a sponsor and managed separately <br /> <br />Use:- <br />Funds are used to represent funds from secondary sources. They represent funds which are <br />limited as to time available or function, which have been made available to cover specific <br />expenditures. <br />In the system, a funds represents the whole organizational and functional structure of yourorganization (fundscenter and commitment item hierarchy). You can use a Budget Structureto confine this structure to particular responsibility areas (funds centers) andexpenditure categories (commitment items). <br />You thus determine which responsibility areareceives the promised funds, which have usually come from aparticular source to cover aparticular project and can only be disbursed on particular types of expenditure
